6134 Hillside Ave
IndianapolisIN46220
Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.
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$649
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$597
Required Monthly Fees
$52
Total Monthly Price
$649
Glenstone Studios
2215 E 56th StIndianapolis, IN 46220
3528 E Fall Creek Pkwy N Dr
IndianapolisIN46205
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$7952 Bedroom Apartments Available Now
6006 Dickson Rd
6006 Dickson RdIndianapolis, IN 46226
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Rent Specials
$879 - $1,0991 to 2 Bedroom Apartments Available Now
The Prairies Apartment Homes
4555 N ArlingtonIndianapolis, IN 46226
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
3520 Ralston Ave
IndianapolisIN46218
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Rent Specials
$899 - $1,6501 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
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Studio to 4 Bedroom Apartments
Sherman Forest
3615 Sherman Forest DrIndianapolis, IN 46205
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1 Bedroom Apartments
3825 N Whittier Pl
3825 N Whittier PlIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Overlook at the Fairgrounds
1720 E 38th StIndianapolis, IN 46218
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
4463 N Campbell Ave
IndianapolisIN46226
4726 E 34th St
IndianapolisIN46218
6005 Dickson Rd
IndianapolisIN46226
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1 to 3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
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1 to 3 Bedroom Apartments
Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
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1 Bedroom Apartments
Point on Fall Creek I
2717 Anna LnIndianapolis, IN 46205
3750 Hillside Ave
IndianapolisIN46218
Showing Results 1-17, Page 1 of 1
Devon, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Devon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devon Studio Apartments | $1,061 | $595 | $1,724 |
| Devon 1 Bedroom Apartments | $1,262 | $775 | $2,222 |
| Devon 2 Bedroom Apartments | $1,418 | $795 | $3,243 |
| Devon 3 Bedroom Apartments | $1,967 | $1,075 | $7,763 |
| Devon 4 Bedroom Apartments | $985 | $975 | $995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Devon Neighborhood of Indianapolis, IN.
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Devon, Indianapolis, IN Local Guide
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Cheapest Available Devon Apartments for Rent
The cheapest available apartment rental in the Devon area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. Monon Park, Managed by Buckingham Monon Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $781. Here are the most affordable Devon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $781 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $879 |
| A62 Apartments | LePetit Luxe | 1BR,1BA | $899 |
| Chateau De Ville | Bordeaux | Studio,1BA | $923 |
Best Value Apartments for Rent in Devon, IN
As of January 30, 2026 the best value apartment in the Devon area is the $1.01 price per square foot Garnet Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,089. The second greatest value Devon apartment is the 2BR/1BA Model at Park Forest Apartments starting at $1,180 with a $1.27 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Devon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7 Pointe Apartments | Garnet | 2BR,2BA | $1.01 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| A62 Apartments | DuMonde | 2BR,1BA | $1.51 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $1.24 |
| Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
| The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.58 |
| Chateau in the Woods | 1 Bd/1 Ba Sm WD RHN | 1BR,1BA | $1.52 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $1.37 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $1.30 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #175
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Devon Apartments
What is a cheap apartment in Devon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devon is under $1,089.
What is the price of a cheap apartment in Devon?
The cheapest apartment in Devon is Monon Park, Managed by Buckingham Monon Living which is listed at $781, while the average apartment in Devon costs $1,575.
What types of apartments are the cheapest in Devon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Devon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Devon?
Cheap apartments in Devon have an average cost of $256 which is $1,319 cheaper than the average rent for all rentals in Devon.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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